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Measures to restrict and counter the shadow economy discussed

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The Public Council for Restriction and Prevention of the Informal Economy has discussed a package of measures for restricting and countering undeclared labour.

The proposals aim to restrict and counter undeclared labour by using the legislative instruments, improving tax discipline, tax concessions and tougher sanctions for offenders. Awareness campaigns are also envisaged, as over 90% of employers and workers in Bulgaria are not acquainted with the new forms of employment and the hidden risks of undeclared work. 



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